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Steven Levin

Old Mutual Wealth rejoins ABI

Old Mutual Wealth has decided to rejoin as a member of the Association of British Insurers eight years after the provider decided to withdraw its membership. Old Mutual Wealth left the trade body in 2008. Speaking at the ABI chairman’s dinner in London last night, outgoing chairman Paul Evans announced the firm had been convinced […]

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Sub-prime lender sues E.Surv over ‘negligent’ valuation

Sub-prime lender Rooftop Mortgages is suing E.Surv for more than £145,000 for valuing a property that later had to be abandoned following a landslide. According to papers filed at the High Court in December and recently made public, Rooftop offered a £175,000 10-year remortgage in December 2005 on a Torquay house belonging to William and […]

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Ian McKenna: The alternative to Frankenstein distribution

Earlier this month Money Marketing considered a Frankenstein scenario that might play out if life insurers and platforms pursue aggressive vertical integration. I believe there is an alternative scenario, where realignment of the value chain could deliver significant benefits to the most important party of all: consumers. What if, rather than manufacturers extending into distribution, […]

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Nic Cicutti: FSCS should broker a new PI deal

There are relatively few advantages to having covered the financial services sector as a journalist for almost 25 years, but one of them is a sense of history: understanding when a new story is, in point of fact, a very old one. Last week’s in-depth coverage in Money Marketing of the latest PI crisis to […]

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